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eigenrobot

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eigenrobot.substack.com
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    1.  🎀 sonya supposedly  🤖‏ @sonyasupposedly 23 Sep 2019

       🎀 sonya supposedly  🤖 Retweeted g

      I think I'd say yes at $50k. That feels like the yes number So... why do I value my pinky toe that much? I guess for the sake of my feet being symmetrical? Seems like a silly reason but I can't think of anotherhttps://twitter.com/garlandrg/status/1176355097888153601 …

       🎀 sonya supposedly  🤖 added,

      g @garlandrg
      Dinner conversation tonight: How much would someone have to pay you to for you to willingly amputate your pinky toe? (assuming no pain besides recovery)
      Show this thread
      36 replies 1 retweet 38 likes
      Show this thread
      eigenrobot‏ @eigenrobot 23 Sep 2019
      Replying to @sonyasupposedly

      I used to ask this question in my intro econ class to illustrate the meaning of "value" and convince them they were all unbelievably wealthy I think I was correct

      10:35 PM - 23 Sep 2019
      • 22 Likes
      • entirelyuseless Ana Janey Muñoz visa is doing final edits ✍🏾📖 Evan livenotbylies unique indemnifier coop
      7 replies 0 retweets 22 likes
        1. This Tweet is unavailable.
        2. eigenrobot‏ @eigenrobot 23 Sep 2019
          Replying to @acidntya @sonyasupposedly

          Yeah check me out on ratemyprofessor

          1 reply 0 retweets 4 likes
        3. End of conversation
        1. Dedicating Ruckus‏ @ded_ruckus 23 Sep 2019
          Replying to @eigenrobot @sonyasupposedly

          wealthy in toes, but not wealthy in dollars

          0 replies 0 retweets 2 likes
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        1. New conversation
        2. loaded dice genetic gambler‏ @SilverVVulpes 24 Sep 2019
          Replying to @eigenrobot @sonyasupposedly

          I'm a person that will try to live as long as possible so it doesn't appy, but those that overdrink, smoke etc. certainly have no reason beyond laziness of risk of arrests not to try and sell a kidney in the black market or whatever

          1 reply 0 retweets 2 likes
        3. eigenrobot‏ @eigenrobot 24 Sep 2019
          Replying to @SilverVVulpes @sonyasupposedly

          actually those people need their organs more than you need yours

          1 reply 0 retweets 2 likes
        4. Show replies
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        2. eigenrobot‏ @eigenrobot 24 Sep 2019
          Replying to @SatyreContraire @sonyasupposedly

          by standard assumption you know exactly how much is the minimum price you would require for looping off a toe and that is its value to You a market /price/ may be higher than that value in which case you would sell assuming no frictions, else you wont

          1 reply 0 retweets 2 likes
        3. End of conversation
        1. livenotbylies‏ @nicestnisus 24 Sep 2019
          Replying to @eigenrobot @sonyasupposedly

          Price discovery in Icelandic lex talionis. I think endowment effect is at work here. How much would folx who lost a pinky pay for a perfect reconstruction? Less than $5k is my guess (Incidentally I know a guy who made several hundred thousand after losing his toe in an escalator)pic.twitter.com/ClhlYw9Ztm

          0 replies 0 retweets 0 likes
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        1. Evan‏ @EvanSandhoefner 24 Sep 2019
          Replying to @eigenrobot @sonyasupposedly

          U r an angel

          0 replies 0 retweets 3 likes
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        1. Lumifer‏ @lumiferrous 24 Sep 2019
          Replying to @eigenrobot @sonyasupposedly

          But if you were born without a pinky toe, how much would you pay to have one grafted onto your foot? The endowment effect is strong here.

          0 replies 0 retweets 1 like
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